Ethereum Classic ETC/USD is trading at 30.34. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines near the level of 28.40 is expected, from which it is expected to attempt a rebound and continue growth with the target near the level of 36.50.
Ethereum Classic prediction & analysis on November 29, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the bullish channel. Earlier, a strong signal was received for buy of the Ethereum Classic cryptocurrency, due to crossing the signal lines at the level of 17.50. Cancellation of the growth scenario of quotations Ethereum Classic will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with a close below the area of 20.50, which indicates the change in the bullish trend in favor of the bearish trend. Expect an acceleration in the growth of quotations ETC/USD stands with a breakdown of the level of 33.50.
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